Zürcher Kantonalbank Highlights Solar Energy's Potential to Play a Key Role in Switzerland's Future

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Zürcher Kantonalbank Highlights Solar Energy’s Potential to Play a Key Role in Switzerland’s Future

Posted by: Baris Karapinar
Category: ESG News

According to recent analyzes by Zürcher Kantonalbank, solar energy is predicted to play a key role in the future of Switzerland’s energy production. In fact, the proposed federal law for a secure electricity supply with renewable energy aims to have over 20% of the country’s electricity consumption covered by solar energy by 2035. While the number of hours of sunlight in the winter may be lower, the report suggests that solar panels on rooftops in Swiss cities can still be effective.

The report highlights that cities like Zurich have a high potential for solar energy production, with an estimated 2.8 km2 of total rooftop area that could be equipped with solar panels. This is significantly higher than other municipalities in the country. The report also notes the importance of using multiple renewable energy sources to compensate for the winter deficit in solar energy production.

The importance of developing solar energy as a key component in Switzerland’s energy production is further emphasized by the current global energy crisis and rising energy prices. The report indicates that Switzerland must continue to invest in renewable energy to ensure a stable and sustainable energy supply for the future.

Going forward, it is important for stakeholders to prioritize investment in the development of solar energy infrastructure and technology to ensure that the country can meet its renewable energy goals. With the vast potential for solar energy throughout Swiss cities, the country has a unique opportunity to position itself as a leader in renewable energy production.

Link to the news source

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